Europe
Shell, Varo end talks on Germany refinery stake sale
LONDON (Reuters) — Royal Dutch Shell and Varo Energy said they have ended talks on Varo’s potential purchase of Shell’s 37.5% stake in the 220,000 bpd PCK refinery in Schwedt, Germany.
DWG Selects aeShield platform to support customers in Benelux region
GREENVILLE, South Carolina, USA — aeSolutions announced that DWG, a process, process/functional safety, electrical, automation and IT company in Rotterdam, has selected the aeShield Safety Lifecycle Management platform to support their customers in the Belgium, Netherlands and Luxemburg Regions.
Oil rises as talk of new OPEC deal trumps record US exports
LONDON (Reuters) — Oil prices rose on Thursday as signs Saudi Arabia and Russia would limit production through next year outweighed record US exports and the return of production at a major Libyan oilfield.
Saudi says "flexible" on Russian idea to extend oil cuts to end-2018
MOSCOW (Reuters) — Saudi Arabia made no firm pledge on Thursday to extend a deal between OPEC, Russia and other producers on cutting supplies but said it was "flexible" regarding Moscow's suggestion to prolong the pact until the end of 2018.
Refinery blazes to dent Shell 3Q earnings
LONDON (Reuters) — A recent string of fires at Royal Dutch Shell’s refineries, including at Europe’s largest, is expected to hit the oil and gas company’s 3Q profit and deal a setback to its efforts to improve the segment’s performance.
Venezuela confirms discussing Citgo collateral swap with Rosneft
MOSCOW (Reuters) — Venezuela’s oil minister confirmed on Wednesday that state oil company PDVSA is negotiating to swap Russian oil producer Rosneft’s collateral in Venezuelan-owned, US-based refiner Citgo, adding that results are expected “very soon.”
Oil weak as OPEC aims to offset rising US output
LONDON (Reuters) — Oil prices fell on Wednesday, pulled down by caution that rising US crude output could scupper a rally that lasted for most of the third quarter.
Certas Energy uses cloud solution to run Danish service station network
HAMBURG/DUBLIN — Certas Energy Retail Europe, part of the Irish group DCC, has moved its operations for another service station network to the cloud. Following the migration in France, Certas Energy is now also controlling its 210 stations in Denmark using Implico Global Operation Services (iGOS), the cloud solution for downstream services.
OPEC looking at deepening, extending oil supply cut
MOSCOW (Reuters) — Oil producer group OPEC is looking at extending or deepening a supply-cutting deal with non-member countries, two OPEC ministers said on Wednesday, keeping open the prospect of additional action to get rid of a glut and prop up prices.
Oil exports will be main topic at OPEC, non-OPEC meeting in Moscow
MOSCOW (Reuters) — Oil exports will be in the spotlight at a meeting between OPEC and non-OPEC members in Moscow this week, Russian Energy Minister Alexander Novak said on Tuesday.
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